Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current Assets
Cash and cash equivalents	$ 33,758	$ 34,665
Trade receivables (less allowances of $7,073 and $6,837, respectively)	934,535	823,072
Merchandise inventory	461,139	448,386
Other current assets	30,972	26,697
Total Current Assets	1,460,404	1,332,820
Property, at cost
Land	67,879	66,775
Buildings	429,406	413,159
Furniture and fixtures	253,918	232,093
Software	84,488	76,906
Capital leases	25,135	14,768
Total Property, at cost	860,826	803,701
Less – accumulated depreciation and amortization	(452,163)	(423,514)
Net Property	408,663	380,187
Other Non-current Assets	70,046	66,498
Total Assets	1,939,113	1,779,505
Current Liabilities
Short-term borrowings	66,342	82,442
Current portion of long-term debt	6,241	2,443
Trade accounts payable	726,632	615,460
Accrued payroll and benefit costs	127,191	93,262
Other accrued taxes	18,300	15,410
Other current liabilities	69,148	73,085
Total Current Liabilities	1,013,854	882,102
Postretirement Benefits Liability	69,565	67,534
Pension Liability	140,981	132,583
Long-term Debt	11,595	2,731
Other Non-current Liabilities	21,137	23,774
Total Liabilities	1,257,132	1,108,724
SHAREHOLDERS’ EQUITY
Outstanding Common Stock	317,199	317,767
Common shares subscribed	16,136	14,885
Less subscriptions receivable	(16,136)	(14,885)
Retained Earnings	513,672	489,740
Accumulated Other Comprehensive Loss	(152,193)	(140,363)
Total Graybar Electric Company, Inc. Shareholders’ Equity	678,678	667,144
Noncontrolling Interests	3,303	3,637
Total Shareholders’ Equity	681,981	670,781
Total Liabilities and Shareholders’ Equity	$ 1,939,113	$ 1,779,505